$280K Asking Price | Potential $193K Owner-Operator Benefit
This established modern Asian hospitality business presents a compelling opportunity for either an owner-operator or a buyer seeking a business already running under management.
The current owners are not rostered in the venue and have no day-to-day operational role.
A buyer has two clear options:
Step into the existing management role and potentially achieve an annual owner-operator benefit of approximately $193,000
Retain the current management structure and receive approximately $116,000 in adjusted annual profit
The existing management position has been allowed for at approximately $77,000 per annum, including superannuation.
At the asking price of $280,000 + SAV, the business is priced at approximately 1.45 times the potential owner-operator benefit, or approximately 2.4 times adjusted profit while retaining the existing management structure.
Predominantly Daytime Operation
The business operates primarily during the day, with only limited evening trade currently.
An experienced team, documented recipes and established operating procedures are already in place. The menu can be produced using standard commercial kitchen equipment and does not require a specialist chef or previous experience with Vietnamese cuisine.
The outgoing owners are also prepared to provide comprehensive training and an extended handover period to support the incoming buyer.
Recent Sales Momentum
The latest complete trading figures show sales moving strongly in the right direction:
- April: approximately $51,000
- May: approximately $67,600
- June: approximately $71,700
- July: approximately $71,800
July sales were approximately 14.7% higher than July last year, while combined sales across May, June and July were also ahead of the corresponding period.
Key Features:
- Approximately $193,000 potential owneroperator benefit
- Approximately $116,000 adjusted profit under management
- Current owners do not work in the venue
- Approximately $764,000 FY2026 sales excluding GST
- Approximately 75% gross margin
- Predominantly daytime trading
- Experienced and established team
- Documented recipes and operating procedures
- No specialist chef or specialist equipment required
- Dinein, takeaway and delivery income
- Preferred catering relationships
- Professionally developed brand
- Lease to 2029 with a further fiveyear option
- Comprehensive training and extended handover available
- Further growth opportunity through additional evening trade
This is an opportunity to acquire a well-established hospitality business with proven systems, an experienced team and genuine flexibility.
Remain hands-off and retain the existing management structure-or work in the business and potentially generate an owner-operator benefit of approximately $193,000 per annum.
Financial figures are based on the broker's analysis of management-prepared, unaudited FY2026 accounts and proposed adjustments. Prospective purchasers must undertake their own independent due diligence.
For confidentiality, the images used in this advertisement are generic and are not of the actual business.
